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Jeffrey Immelt
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GE, Abu Dhabi investment co. form ventures
General Electric Co. has agreed to a joint venture with an Abu Dhabi government investment company that will pump $4 billion of outside capital into its weakened commercial finance business, part of new global partnership to expand on GE's fast-growing sales in the Middle East.
GE profit falls, meets estimates, sells loan unit
General Electric Co. reverted to form with no big surprises in its latest earnings report, and investors shocked by an unexpected profit shortfall three months ago showed their appreciation.
Zucker: NBC Universal is an 'important' part of GE
General Electric has no plans to sell its NBC Universal media unit even as the conglomerate moves forward with spinning off slower-growing businesses, NBC Chief Executive Jeffrey Zucker said Thursday.
GE targets spinoff of consumer, industrial unit
General Electric Co. announced Thursday that it wants to spin off its iconic lighting and appliance businesses, the latest aggressive move by one of the world's largest companies to reshape its portfolio to focus on faster growth businesses.
Western govs hope to sway future energy policy
Citing a lack of federal leadership, the nation's Western governors want to draft a national energy policy they hope will influence the next presidential administration. |
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